News for 'Shipping Corp of India'

Time for India to draw red lines for China

Time for India to draw red lines for China

Rediff.com13 Feb 2021

Once the tanks roll back, a zero-based assessment of future equations with China is necessary. Given the conflict situations that China is imposing on India time and again, the red, amber and green lines of interactions with China need to be laid down and communicated in no uncertain terms, asserts Srikanth Kondapalli, the leading China expert.

Saudi Arabia loses spot as top crude supplier to India

Saudi Arabia loses spot as top crude supplier to India

Rediff.com24 Jun 2015

The shift comes as the gap between the international benchmark Brent and the Middle East price marker narrows

Oil tanker arrives in Vizag after Iran release

Oil tanker arrives in Vizag after Iran release

Rediff.com18 Sep 2013

Shipping Corporation of India's oil tanker, MT Desh Shanti, which was detained in Iran for 26 days, arrived at Visakhapatnam port in the early hours on Wednesday, sources said.

India makes first crude oil purchase for strategic reserve

India makes first crude oil purchase for strategic reserve

Rediff.com30 Mar 2015

India is the 4th largest oil consumer after the US, China and Japan.

India records lowest daily growth rate in COVID-19 cases

India records lowest daily growth rate in COVID-19 cases

Rediff.com25 Apr 2020

The GoM was apprised that as of now, the death rate is around 3.1 per cent while the recovery rate is more than 20 per cent, which is comparatively better than most of the countries and may be taken as a positive effect of the lockdown in the country, along with the cluster management and containment strategy.

India to buy Iranian oil despite US sanctions: Pradhan

India to buy Iranian oil despite US sanctions: Pradhan

Rediff.com8 Oct 2018

"We will be guided by our national interest," he said.

India will continue to import oil from Iran despite US sanctions

India will continue to import oil from Iran despite US sanctions

Rediff.com5 Oct 2018

US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.

To control high fuel prices, India may cut oil imports

To control high fuel prices, India may cut oil imports

Rediff.com24 Sep 2018

Apart from this, state refiners are looking at optimising crude oil inventory levels without in any way affecting fuel supplies in the domestic market.

India's oil imports from Iran jumped sharply in 2014

India's oil imports from Iran jumped sharply in 2014

Rediff.com16 Jan 2015

India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013.

Indian tanker seized by Iran released

Indian tanker seized by Iran released

Rediff.com5 Sep 2013

Iran on Thursday ordered a release of an Indian tanker seized by it in Persian Gulf while carrying crude from Basrah in Iraq and taken to its Bandar Abbas Port 24 days ago.

Cairn going all out to make Indian govt pay $1.2 bn arbitration award

Cairn going all out to make Indian govt pay $1.2 bn arbitration award

Rediff.com28 Mar 2021

UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.

Can Microsoft win the loyalty of Nokia fans?

Can Microsoft win the loyalty of Nokia fans?

Rediff.com10 Sep 2013

Microsoft simply lacks Nokia's retail and supply chain experience in the Finnish company's most important markets.

What the Apache, the IAF's 'flying tank', can do

What the Apache, the IAF's 'flying tank', can do

Rediff.com12 May 2019

Its advanced Longbow radar picks up enemy armoured vehicles and then destroys them with anti-tank missiles, air-to-surface rockets or a chain gun that sends 625 rounds per minute ripping into the targets.

Should Women Fight Wars?

Should Women Fight Wars?

Rediff.com23 Sep 2021

Should we be exposing our women volunteers to the barbarity of actual combat?

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Rediff.com27 Jun 2021

After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.

Softly, softly, India's influence rises in crude oil

Softly, softly, India's influence rises in crude oil

Rediff.com15 Jun 2015

Saudis are interested in expanding their relationship with India, given it is becoming the main driver of crude demand growth in Asia

Modi's dream of making India's ports biz friendly is miles away

Modi's dream of making India's ports biz friendly is miles away

Rediff.com6 Aug 2015

Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.

21 Photos That Defined 2021

21 Photos That Defined 2021

Rediff.com1 Jan 2022

Images that capture what it was like living through 2021.

How India must counter the Chinese threat

How India must counter the Chinese threat

Rediff.com11 Dec 2017

'The military aim in a future conflict, if it can't be avoided, should be to cause maximum damage to the adversary's war waging capability and capture limited amount of territory as a bargaining counter,' says Brigadier Gurmeet Kanwal (retd).

World wants India to give China a bloody nose

World wants India to give China a bloody nose

Rediff.com17 Jul 2020

'Unlike the Chinese army that has been largely a peace time force, the Indian Army is a battle hardened force,' explains Colonel Anil A Athale (retd).

Ajit, tell me how can I get RICH?

Ajit, tell me how can I get RICH?

Rediff.com26 Mar 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

119 warships built, naval design celebrates golden jubilee

119 warships built, naval design celebrates golden jubilee

Rediff.com26 Sep 2014

A day after the Indian Space Research Organisation highlighted India's scientific capability by placing the spaceship, Mangalyaan, in orbit around Mars, another milestone in indigenous design was celebrated in New Delhi on September 25: The 50th anniversary of the Directorate of Naval Design.

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Rediff.com21 Jun 2022

'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'

China unveils new missile defence system

China unveils new missile defence system

Rediff.com11 Sep 2014

China has unveiled its latest surface-to-air missile system for the first time coinciding with President Xi Jinping's four-nation tour, including India.

Be prepared for hot summers on the India-China border

Be prepared for hot summers on the India-China border

Rediff.com15 May 2020

'The potential of one such LAC engagement going out of control and leading to heavy casualties cannot be ruled out,' warns Lieutenant General Syed Ata Hasnain (retd).

Admiral Arun Prakash: 'Objectives of Agnipath are more political than military'

Admiral Arun Prakash: 'Objectives of Agnipath are more political than military'

Rediff.com7 Jul 2022

'It seems unlikely that a recruit will make a useful contribution as member of a combat unit.'

Cairn gets French court order to seize 20 Indian assets

Cairn gets French court order to seize 20 Indian assets

Rediff.com8 Jul 2021

Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.

Insisted on full disengagement in all talks with China: Govt

Insisted on full disengagement in all talks with China: Govt

Rediff.com31 Dec 2021

"Numerous rounds of talks have taken place with the Chinese counterparts to deescalate the situation without compromising on India's stand of 'complete disengagement and immediate restoration of status quo ante'," the defence ministry said.

Rajnath Singh's Strategic Restraint

Rajnath Singh's Strategic Restraint

Rediff.com2 Nov 2021

With the role of the venerable elder thrust on him in UP, Mr Singh has had to attune himself to the politics at the Centre, observes Aditi Phadnis.

Netflix, Amazon Prime grab large chunk of India's OTT space

Netflix, Amazon Prime grab large chunk of India's OTT space

Rediff.com24 Nov 2018

Netflix and Amazon Prime gain market share at the cost of Indian platforms Hotstar, VOOT, Jio Cinema.

India scrambles to reduce oil bill inflated by sinking rupee

India scrambles to reduce oil bill inflated by sinking rupee

Rediff.com5 Sep 2013

Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.

Xiaomi buys 1,500 patents from Microsoft

Xiaomi buys 1,500 patents from Microsoft

Rediff.com1 Jun 2016

Xiaomi will start pre-loading Microsoft Office and Skype on its phones starting September 2016, initially in China, with other markets including India to follow.

First-time investor: 'I can afford only low-price stocks'

First-time investor: 'I can afford only low-price stocks'

Rediff.com12 Jan 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

OVL retains Trafigura for selling Sudan oil

OVL retains Trafigura for selling Sudan oil

Rediff.com12 Mar 2003

ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp, has retained services of Trafigura Ltd of London to trade its share of 60,000 barrels per day of crude oil from the Greater Nile Oil Project in Sudan in the international markets.

First Indian-born general in the US military passes away

First Indian-born general in the US military passes away

Rediff.com14 Oct 2016

General Surindar Bhaskar served as the 17th chief of the US Army Dental Corps.

The story of Ajit Isaac's entrepreneurial success

The story of Ajit Isaac's entrepreneurial success

Rediff.com15 Jul 2016

Ajit Issac started as a management trainee at Godrej.

China launches first domestically-built aircraft carrier

China launches first domestically-built aircraft carrier

Rediff.com26 Apr 2017

It is the country's second aircraft carrier, after the Liaoning, and the first to be made domestically.

A plan for CDS Rawat to consider

A plan for CDS Rawat to consider

Rediff.com2 Jan 2020

As India's international role expands, so must our capabilities, says Brigadier Gurmeet Kanwal (retd).

World navies unite @ Rim of the Pacific

World navies unite @ Rim of the Pacific

Rediff.com3 Aug 2016

Curtains will fall on the Rim of the Pacific 2016, the world's largest international maritime exercise, on August 4.